Free tool

Dividend Yield Calculator.

Calculate cash yield, projected annual income, portfolio value, and an educational franking-adjusted gross yield. No login, no tracking form, no advice.

Calculate yield

Use clearly hypothetical or user-entered numbers. The calculator does not fetch live prices or verify dividend amounts.

Cash yield0.00%
Estimated grossed-up yield0.00%
Annual cash income$0
Portfolio value $0 Uses user-entered values only. Grossed-up yield is an educational estimate, not tax advice.
How to interpret this tool

How to interpret dividend yield calculator results

What this tool calculates

This tool calculates cash dividend yield, estimated grossed-up yield for franking examples, estimated annual cash income, and the entered portfolio value. It only uses numbers typed into the page.

How to use it step by step

  1. Enter the share price and annual dividend per share using the same currency.
  2. Enter the number of shares only if you want an estimated annual cash income amount.
  3. For Australian franking examples, enter a franking percentage and company tax rate.
  4. Read cash yield and grossed-up yield separately because they answer different questions.

What the result means

A higher percentage means the entered annual dividend is larger relative to the entered share price. It can help compare scenarios, but it does not explain dividend quality or sustainability.

What the result does not mean

It does not mean the dividend is safe, guaranteed, undervalued, tax-efficient for you, or likely to continue. It also does not account for price movement, dividend cuts, currency conversion, tax, or fees.

Common mistakes

  • Using a one-off special dividend as if it were recurring.
  • Mixing annual dividend amounts with quarterly or semiannual numbers.
  • Using a stale share price with a recent dividend amount.
  • Treating grossed-up yield as cash received.

Not financial advice: These tools are educational scenario helpers. They do not recommend securities, provide personalized financial guidance, or replace professional advice.

Worked example using hypothetical numbers

Suppose a share price is 40.00 and the expected annual dividend is 2.00 per share. These are demonstration inputs only.

Share price
40.00
Annual dividend per share
2.00
Shares held
1,000

Worked result: 2.00 divided by 40.00 equals 0.05, so the cash yield is 5.00%. With 1,000 shares, the simplified annual cash income is 2,000 before tax and fees.

The example does not verify a real company, current price, dividend schedule, tax treatment, or payout sustainability.

Dividend yield calculator FAQ

How do I calculate dividend yield?

Dividend yield equals annual dividends per share divided by current share price, then multiplied by 100. A 2.00 annual dividend on a 40.00 share equals a 5.00% yield.

What does franking-adjusted yield mean?

For eligible Australian investors, a franked dividend may include an imputation credit that reflects company tax already paid. Grossed-up yield adds the estimated credit value to the cash dividend. Tax outcomes depend on investor circumstances.

Does this calculator use live prices?

No. It calculates from values entered in the browser. It is a learning tool and should not be treated as a live quote or investment recommendation.